One Manhattan Papaya King is no more, with demolition permits filed for the former single-story structure at 3 Saint Mark’s Place in the East Village in mid-March. Now, permits have been submitted for a five-story retail and office building in its stead. Saint Mark’s has a vibrant and thriving cultural legacy, featuring a diversity of retail and restaurants. This permit will bring a bit of modernization to the Third Avenue gate to the street. Real Estate Equities Corporation is responsible for the development.

The 78-foot tall structure will yield 29,030 square feet for commercial space. Retail will occupy a portion of the ground floor and cellar space. The offices will have a lobby on the first floor, with workspace occupying the rest of the structure. Tenants will have access to bicycle storage, a fitness center, golf simulator, an amenities foyer, and a rooftop terrace.

119-121 2nd Avenue, rendering by Morris Adjmi Architects

Morris Adjmi Architects will be responsible for the design. While renderings have not been released for this project, the architect’s renderings for 119-121 2nd Avenue, just one block from 3 Saint Marks Place, can provide a hint for how the firm approaches design in the East Village.

The estimated completion date has not been announced.

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